Latest news with #AnneWalsh
Bloomberg
02-07-2025
- Business
- Bloomberg
Bloomberg Wealth: Anne Walsh
Guggenheim Partners Investment Management CIO Anne Walsh says the Federal Reserve may have room to lower interest rates but must be cautious not to appear as though it is "kowtowing" to political pressure from President Donald Trump. In this episode of Bloomberg Wealth with David Rubenstein, Walsh shares her concerns about the US deficit, emphasizing the need for greater fiscal discipline in Washington. She also discusses how fixed income investments can serve as a valuable tool for risk mitigation. This interview was recorded on June 9 in New York. (Source: Bloomberg)
Irish Times
16-05-2025
- General
- Irish Times
Judge orders girl spend night before Communion with her mother
A judge has ordered that a primary school girl spend the night before her first Holy Communion with her mother this weekend. At the Family Law Court before making his ruling, Judge Alec Gabbett remarked: 'It is the same ding-dong every year with the sacraments.' The girl's parents are estranged and could not agree on First Holy Communion arrangements on Saturday for their daughter, resulting in the two bringing their dispute before the judge to rule upon. In ordering that the girl stay with her mother on Friday night to allow her to spend Saturday morning with her mother before the Holy Communion Mass, the judge said: 'At a very basic level, at a very human level, this is mother and daughter stuff.' READ MORE The judge said the proposal put forward by solicitor Anne Walsh for the mother was 'extraordinarily sensible'. He said: 'It is one of the most reasonable proposals I have received in a long time to deal with a situation that is very acrimonious.' Ms Walsh said her client's proposal, having discussed the matter with her daughter, is that she would spend the night at her home the night before the communion. The mother had booked hairdressers for her daughter on the morning of the communion and the two would go there together. Ms Walsh said that the child was happy with the arrangement and that 'mum takes her to the church – they sit with dad and siblings in the same pew in the church. They would take photographs after church and my client would then head away.' Ms Walsh said the girl would then spend the rest of the day with dad before returning to her client for a day out together on Sunday. In response, solicitor Mairéad Doyle for the father said he had spoken to his daughter and she had expressed a desire to spend the night before her Holy Communion with her siblings. Ms Doyle claimed the mother's approach to the arrangements is 'if you don't do it my way' and that the child is under pressure 'and is caught in the middle of this'. Ms Walsh said she wrote to the other side on April 2nd following her client's conversation with her daughter about the day and did not receive a reply until May 14th. The judge said he did not have the wishes of the child in front of him and the father said that he could bring his daughter to court to tell the judge her own wishes for the day. In response, Ms Walsh said: 'If someone thinks that it is right to bring a child to court the day before her first Holy Communion that speaks volumes.' The judge said: 'I am making the order – mum the night before.' He added that 'dad is getting the lion's share of the day – he is getting the party and the bouncy castle'. The judge said older siblings 'don't trump mother and daughter time on Holy Communion day'. He said: 'This should have been addressed a long time before today. I find that children are very robust and you will find that on the day of the communion once the girl has opened her cards she will be delighted with herself and this will pass.'
Yahoo
09-05-2025
- Business
- Yahoo
Guggenheim CIO Walsh on Fiscal Policy, Deficit, Treasuries
Guggenheim CIO Anne Walsh said fiscal policy has dominated the conversation in markets and sees a possible supply and demand imbalance driving bond market at this moment. Walsh spoke with Sonali Basak on the sidelines of The Milken Institute Global Conference in Beverly Hills, California.
Bloomberg
07-05-2025
- Business
- Bloomberg
Guggenheim CIO Walsh on Fiscal Policy, Deficit, Treasuries
Guggenheim CIO Anne Walsh said fiscal policy has dominated the conversation in markets and sees a possible supply and demand imbalance driving bond market at this moment. Walsh spoke with Sonali Basak on the sidelines of The Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg)
Yahoo
14-03-2025
- Business
- Yahoo
Recession risk will increase without policy certainty
Investors weigh the possibility of a recession. Guggenheim Partners Investment Management chief investment officer of Anne Walsh sits down with Yahoo Finance's Brad Smith, Madison Mills, and Julie Hyman on Morning Brief to discuss her base case for the US economy and what could catalyze a recession. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. But I do know that your, um, potential for a recession, the chances you're putting for a recession are higher right now than they usually are at 35%. Um, how do you put that together and are tariffs sort of the determining factor in that potential recession case? So, tail risk has definitely increased. And again, part of the uncertainty and the volatility, I mean, if you had to pick a few words to describe 2025, it also sort of sounds a lot like 2024, only more so. Last year we were of course really worried about what was going to happen with the election. Now we had the election. Now we have to worry about what's going to happen between politics and policy, uh, and this volatility is driving, again, as I said, the narrative. Um, the other aspect that we're also not used to is a level of transparency when it comes to the level of negotiations that we're seeing out of Washington. And frankly, sentiment's going to drag in here because between now and mid-year, when we finally actually see Congress act and potentially pass the big beautiful bill, put that in air quotes, um, then then we're we're going to see a lot of this this volatility, um, because we're waiting for Congress to act. We're here hearing and seeing all these executive actions and orders, and all of this is moving the markets in real time, in a way that frankly markets don't really like. We like certainty, and we have a lot of uncertainty. And if you think about the four major sort of pillars, if you will, of the Trump administration, which is immigration or what I'm tending to refer to now as reverse immigration, um, tariffs and trade, taxes and deregulation, all of this is playing out in real time, and it's moving markets because we're trying to react to, um, uh, all the promulgations. And frankly, the on, then off, then on, and then off again narrative is also challenging both stocks and bonds at this point in time. And so, yes, it doesn't feel like a smooth trajectory, um, because of all of the noise. What would tip us into recession at this point? Would it be if we don't, for example, get the big beautiful bill, get the tax cut extension or additional tax cuts? Quite clearly, if we don't see the policy implementation by mid-year, that could potentially slow down the economy much more. Um, right now our base case is for, we'll call it 1.8-ish, um, on real GDP. Um, trend line GDP in the US is around 2%. So if we fall below that, then we get the slowing effect, and again, that's good for inflation, and we can see interest rates sort of fall relative to where we are today. By the way, we're in a trading range on the 10 year sort of between mid-threes and mid-fours is about where we would expect ourselves to be. But if we don't see action and certainty begin to evolve in terms of policy, and then clear indications for the market, I think then what you end up with is is business managers slow down capex purchases, uh, they don't want to make investment decisions, and all of that then could increase the risk of that recession, uh, impulse in the in the economy. Sign in to access your portfolio
